Glenmede Trust Co. NA grew its position in shares of Invesco Aerospace & Defense ETF (NYSEARCA:PPA – Free Report) by 462.5% during the first quarter, HoldingsChannel reports. The institutional investor owned 4,219 shares of the company’s stock after buying an additional 3,469 shares during the quarter. Glenmede Trust Co. NA’s holdings in Invesco Aerospace & Defense ETF were worth $699,000 as of its most recent filing with the Securities & Exchange Commission.
Other large investors also recently bought and sold shares of the company. EPG Wealth Management LLC bought a new stake in shares of Invesco Aerospace & Defense ETF in the 4th quarter valued at approximately $31,000. Binnacle Investments Inc lifted its stake in Invesco Aerospace & Defense ETF by 84.2% during the second quarter. Binnacle Investments Inc now owns 210 shares of the company’s stock worth $30,000 after purchasing an additional 96 shares during the last quarter. Bayban bought a new position in Invesco Aerospace & Defense ETF during the fourth quarter worth $38,000. High Point Wealth Management LLC bought a new position in Invesco Aerospace & Defense ETF during the fourth quarter worth $41,000. Finally, Wealth Watch Advisors INC acquired a new position in Invesco Aerospace & Defense ETF in the third quarter worth $49,000.
Invesco Aerospace & Defense ETF Price Performance
PPA stock opened at $183.78 on Friday. Invesco Aerospace & Defense ETF has a 1-year low of $143.44 and a 1-year high of $186.30. The firm has a fifty day moving average price of $174.56 and a two-hundred day moving average price of $173.86. The firm has a market cap of $8.70 billion, a price-to-earnings ratio of 30.91 and a beta of 0.74.
Invesco Aerospace & Defense ETF Company Profile
PowerShares Aerospace & Defense Portfolio (Fund) seeks investment results that correspond generally to the price and yield of the SPADE Defense Index (the Index). The Index is designed to identify a group of companies involved in the development, manufacturing, operations and support of the United States defense, homeland security and aerospace operations. The modified market-cap portfolio is rebalanced quarterly and reconstituted annually. The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index.
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